You have been watching Anglo Platinum (JSE: AMS) and believe that the share price should increase over the next two mont

[answerhappygod]

You have been watching Anglo Platinum (JSE: AMS) and believe
that the share price should increase over the next two months.
Assuming that your broker charges a borrowing rate of 7% a year,
requires an initial margin of 60%, maintenance margin of 30% and an
initial assumed exposure of 1000 shares, calculate: Time Bid Ask
Today 28.25 29.38 Two months time 31.30 32.55 Question 2 The price
equal to or below which you will get a margin call is closest to:
A) R21.66 B) R19.39 C) R16.79 D) R13.35 E) R22.4